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Data & Analytics

  • First look: Adobe says digital trends look good for Mother’s Day

    Online consumers appear to be remembering Mom this year.

    According to new data from the Adobe Digital Index, online sales in the important Mother’s Day gift categories of flowers/gifts and jewelry are both trending 2%-3% higher than they were in 2015.

  • Liquor delivery specialist opens the taps for selection

    It’s a shame (or maybe a good thing) Hemingway and Bukowski did not live in an age where a vast assortment of alcohol is available a click away.

    Omnichannel beer/wine/liquor delivery service Drizly is launching a new service that provides digital drinkers with a product selection far beyond the scope of local stores. Currently available in Boston and Washington, D.C., Drizly Connect lets users shop across tens of thousands of beer, wine and spirits products for next-day delivery orders.

  • Abercrombie & Fitch Co. is losing its COO

    Teen apparel retailer Abercrombie & Fitch is losing a key member of its executive team.

    Jonathan Ramsden, COO, is resigning from Abercrombie effective June 15, 2006. Ramsden, who joined the company in 2008 as executive VP and CFO, was promoted to COO in 2014.

  • Whole Foods Q2 profit tops even as sales slow; expanding rewards program

    Whole Foods Market reported better-than-expected earnings for the second quarter amid cost controls that helped lessen the impact of slowing sales.

    Net income was a better-than-expected $142 million for the quarter ended April 10.

    Sales inched up 1.3% to $3.7 billion, slightly below estimates.

  • Times Square to lose another high-profile retail flagship

    Aéropostale is closing its 19,000-sq.-ft. flagship in Manhattan’s Times Square.

  • April was unusual for L Brands

    L Brands turned in a disappointing sales performance in April, a rarity for a chain that has turned in consistently strong monthly results.

    The parent company of Victoria’s Secret reported a 1% increase in same-store sales, below Wall Street expectations of a 4.8% gain.

    Sales for the month increased to $737.5 million, up from $724.6 million in the same month last year.

    The company’s Bath & Body Works division saw a 5% increase in same-store sales while Victoria's Secret posted a 1% decrease.

  • On-demand may not be future of online delivery

    Photo: Matt Chasen, CEO, uShip

  • Study: Customer experience improves across channels during holidays

    In what could be termed a gift for customers, major retailers generally improved how they engaged and served consumers in different channels during the 2015 holiday season.

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